Macquarie Fund Solutions - Macquarie US Large Cap Core Equity Fund I2 EUR Accumulation

The Sub-Fund aims to provide Shareholders with capital growth and appreciation by investing in common stocks of largecapitalization companies. Portfolio Securities: The Sub-Fund will aim to meet the investment objective under normal circumstances by investing primarily at least 80% of its net assets in equity securities, primarily in common stocks of large-capitalization companies. The securities will principally be listed, traded, or dealt in on a Regulated Market in the US, although up to 10% of the net assets of the Sub-Fund may be invested in the securities of non-US issuers at any one time whose securities will be listed, traded, or dealt in on any Regulated Market in a member state of the OECD. The Sub-Fund may invest up to 20% of its net assets in non-US companies directly, or indirectly through ADRs, GDRs, or EDRs. Money market instruments, money market funds, bank deposits and time deposits qualifying as eligible asset may be held where this is considered appropriate by the Investment Manager. The Sub-Fund may hold ancillary liquid assets for not more than 20% of its total assets. Investment Process: The Sub-Fund shall invest in companies that the Investment Manager believes are high-quality, have sustainable competitive advantages accompanied by financial strength and earnings stability, and have leading positions in their industries. Largecapitalization companies typically are companies with market capitalizations of at least $10 billion at the time of acquisition. The SubFund shall invest in securities that have the potential for capital appreciation, or that the Investment Manager expects to resist market decline. Although the Sub-Fund primarily invests in securities issued by large-capitalization companies, it may invest in securities issued by companies of any size. The Sub-Fund may invest in securities of companies across the valuation spectrum, including securities issued by growth and value companies. Considering that long-term earnings potential relative to market expectations is an important component for stock performance, the Investment Manager balances a top-down (assessing the market environment) approach with a bottom-up (researching individual issuers) analysis when selecting securities for the Sub-Fund, and seeks to exploit what it believes to be catalysts for multi-year earnings growth in companies that it believes have strong or strengthening competitive advantages. Earnings catalysts are diversified across both thematic and company-specific projections. Designed for: This Sub-Fund may not be appropriate for investors who plan to withdraw their money within 5 to 7 years. Benchmark: S&P 500 Net Return Index. The benchmark is a performance reference and the Sub-Fund's underlying portfolio may differ significantly to the benchmark composition. Further details of other categories of investments that the Sub-Fund may make are set forth in Annex A of the Prospectus for the Sub-Fund. You can place orders to buy or sell Sub-Fund shares at any time. Orders received on any given Luxembourg business day before 12 p.m. Luxembourg time will be processed at that day's share price. Any income earned is declared yearly. You may elect to either receive such income in cash or reinvested in the Sub-Fund.